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steve paulson has the forecast. >> we've gone from one extreme to another. there is not only low clouds but high mid level clouds. you can see those sweeping up the eastern edge of this low. temperatures came down yesterday. they will settle in here. now 60s and 70s. here is sal. >>> steve, good morning. traffic looks pretty well around the bay area. this is a look at highway 101 in san rafael. it looks good getting down to central san rafael. if you are driving this morning in san francisco northbound 101 from the 280 interchange all the way to the 80 split is off to a good start. let's go back to the desk. >>> it is a big weekend in san francisco with more than one million people
steve paulson has the forecast. >> we've gone from one extreme to another. there is not only low clouds but high mid level clouds. you can see those sweeping up the eastern edge of this low. temperatures came down yesterday. they will settle in here. now 60s and 70s. here is sal. >>> steve, good morning. traffic looks pretty well around the bay area. this is a look at highway 101 in san rafael. it looks good getting down to central san rafael. if you are driving this morning in...
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Oct 8, 2012
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as if somehow the company that steve jobs c
as if somehow the company that steve jobs c
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Oct 9, 2012
10/12
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as if somehow the company that steve jobs created is entirely dependent on a chart. if you leg into something, you know my view about apple, it's an investment, not a trade. people keep telling me how do i trade apple? i say you don't, you own it. my travel trust owns it. my charitable trust owns it.
as if somehow the company that steve jobs created is entirely dependent on a chart. if you leg into something, you know my view about apple, it's an investment, not a trade. people keep telling me how do i trade apple? i say you don't, you own it. my travel trust owns it. my charitable trust owns it.
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>> steve: yeah. i prodded my -- it didn't work out well for me, but i thought it was humorous. >> jimmy: you shouldn't prod anyone. we have music from a great band, you guys. sun kil moon is on. he's going to kill it tonight. he's a talented guy. guys, i love music. it's a huge part of my life. and i listen to everything. i listen to rock, rap, country, top 40, reggae. [ laughter ] you name it, i got it on my ipod. but one thing i try to keep off my ipod is bad music. you know, songs and bands that are so awful, they make you want to jam a dull knife into your ear. [ light laughter ] so, as a service to you guys, i'm about to play some real songs from real bands that i think you should avoid in a new segment i call "my do not play list." here we go. ♪ do not play do not play do not play these songs ♪ ♪ songs >> jimmy: before we start, i want you all to know every artist and song that i'm about to play for you is 100% real. [ laughter ] these are actual bands and actual songs. you can download t
>> steve: yeah. i prodded my -- it didn't work out well for me, but i thought it was humorous. >> jimmy: you shouldn't prod anyone. we have music from a great band, you guys. sun kil moon is on. he's going to kill it tonight. he's a talented guy. guys, i love music. it's a huge part of my life. and i listen to everything. i listen to rock, rap, country, top 40, reggae. [ laughter ] you name it, i got it on my ipod. but one thing i try to keep off my ipod is bad music. you know,...
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sun from steve christian. starts on t.v. dot com. if you. still . want to. welcome back to prostitution people about to mind you we're talking about the politics of austerity. it. started. and now we're joined by our garland in st louis he's or should teach a trend analyst and author of future incorporated how businesses can intice a paper and profit from what's next all right eric thank you for joining us from st louis what about the politics of austerity because it seems to me it's turned into an ideology it's a new religion as i said in the first part of the program no one really cares if the patient if i can use that medical term survives this ideology this methodology go ahead. it's funny you know that whole term austerity is not one i like very much because it has all these punitive connotations as opposed to what it really means which is that we need fiscal policies that make sense and by making sense you can't spend more than you take in for very long everybody with common sense knows this and all we're saying is that our current systems that are ver
sun from steve christian. starts on t.v. dot com. if you. still . want to. welcome back to prostitution people about to mind you we're talking about the politics of austerity. it. started. and now we're joined by our garland in st louis he's or should teach a trend analyst and author of future incorporated how businesses can intice a paper and profit from what's next all right eric thank you for joining us from st louis what about the politics of austerity because it seems to me it's turned...
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Oct 2, 2012
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. >> germany's martin kaymer sealed the deal with his victory over steve stricker. >> team europe chipped, drove, and putted their way into the history books. the americans inched back into the game, but europe's justin rose was quick to strike back. jose maria olazabal summoned the golf gods as kaymer stepped onto the green. >> jose maria told me we need your point. i do not really care how you do it. just the letter it. -- just deliver it. it was very straightforward. that is the way we germans are. for chile, i could handle it. and i made the last -- fortunately, i could handle it and i made the last putt. >> this will go down in the history books of the ryder cup. it was a huge comeback, and i am really happy for these 12 wonderful men. >> team europe has reason to celebrate. the ryder cup remains in europe for now. in 2014, the two teams meet again at gleneagles in scotland. >> thanks for watching. don't go away.
. >> germany's martin kaymer sealed the deal with his victory over steve stricker. >> team europe chipped, drove, and putted their way into the history books. the americans inched back into the game, but europe's justin rose was quick to strike back. jose maria olazabal summoned the golf gods as kaymer stepped onto the green. >> jose maria told me we need your point. i do not really care how you do it. just the letter it. -- just deliver it. it was very straightforward. that...
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talk to steve braman he's an assistant professor at the rensselaer polytechnic institute good evening thanks for being with us mr brightman so far the u.n. general assembly failed to find a solution to the syrian crisis but we did have many strong statements nonetheless from president obama demanding that assad steps down to the emery of cats are apparently openly calling for outside into food she think any of this harsh rhetoric might lead to real action though i do know i'm sort of. the general assembly is as you know mostly debating club it will take a resolution from the security council which appears not to be forthcoming anytime in the near future for u.n. to take action. if there is a fight outside interference whether it's led by the u.s. or the arab league what might the consequences be for syria and for the region as a whole though what one could argue that there is already quote outside interference the united states readily admits that it ships so-called non lethal aid to rebels and identified rebel groups in syria and as you mentioned carter turkey others in the region ar
talk to steve braman he's an assistant professor at the rensselaer polytechnic institute good evening thanks for being with us mr brightman so far the u.n. general assembly failed to find a solution to the syrian crisis but we did have many strong statements nonetheless from president obama demanding that assad steps down to the emery of cats are apparently openly calling for outside into food she think any of this harsh rhetoric might lead to real action though i do know i'm sort of. the...
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steve, perhaps you can kick it off for us. what do you think tonight holds? >> you know, here's what barack obama has to do. the debate right now in the campaign is very heavily over economic policy going forward. that's where barack obama wants to focus. he will accuse mitt romney of seeking $4 trillion, $5 trillion in additional tax cuts for the wealthy while raising taxes on the middle class. there will be a lot of talk about that because mitt romney disputes that he would be cutting taxes -- excuse me, raising taxes on the middle class. at the same time, he's challenged. obama's challenge is not to be too cocky. with good reason, he gets cocky sometimes. he's got to be careful that he doesn't is a moment like he had in the new hampshire debate in 2008 where he said hillary is likable enough. he has to avoid that kind of characteristic. mitt romney, on the other hand, what mitt has to do is prove that he's a human being, that he's a tin man who has found a heart, who cares about people other than his social class. and secondly, he has to put barack obama o
steve, perhaps you can kick it off for us. what do you think tonight holds? >> you know, here's what barack obama has to do. the debate right now in the campaign is very heavily over economic policy going forward. that's where barack obama wants to focus. he will accuse mitt romney of seeking $4 trillion, $5 trillion in additional tax cuts for the wealthy while raising taxes on the middle class. there will be a lot of talk about that because mitt romney disputes that he would be cutting...
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Oct 10, 2012
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"on the road" with steve hartman is next. yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. of using toothpaste to clean their denture. but dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why dentists recommend polident. [ male announcer ] polident. cleaner, fresher and brighter every day. >>> coming up on 9 news now at 7:00 a cold front rolls through tonight. we'll tell you what that means for the nats game tomorrow and for the weekend as well with skins and ravens in town. stay tuned. one of the most famous pieces of music in the american song book and a man who has made it his m
"on the road" with steve hartman is next. yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. of using toothpaste to clean their denture. but dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily....
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. >>> good morning, i am pam cook, let's check in with he steve paulson, what is it going to be like today? >> well, temperatures could plunge 18 to 20 degrees near the coast, here is sal. >>> we are talking about a chase on the freeway here and it is going on, on 880 southbound, i was trying to find it on my screens here so we will let you know if this actually gets out of hand, what happens with it and let's go to
. >>> good morning, i am pam cook, let's check in with he steve paulson, what is it going to be like today? >> well, temperatures could plunge 18 to 20 degrees near the coast, here is sal. >>> we are talking about a chase on the freeway here and it is going on, on 880 southbound, i was trying to find it on my screens here so we will let you know if this actually gets out of hand, what happens with it and let's go to
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thanks very much, steve. please stick around. don't go anywhere. our next guest has exclusive hiring information and a survey that shows 58% of companies plan to hire next year, but 69% are waiting for issues to be resolved. >> gary, good to have you here. first, what do you think of today's jobs numbers? do you believe them? do they reflect what you're seeing? >> well, i've probably met with 100 ceos over the last month. it's more of the same. this is not a standing ovation for sure. >> in terms of the numbers. i'm assuming you believe them and that it's not just a great number in terms of the way you look at it. >> no, it's reality. i mean, this is a decade of readjustment. there is a real fight for growth and relevancy today. if you talk to any ceo, and ceos today are looking to innovate then hire, not hire then no innovate. >> what sectors are you seeing where we're getting real hiring going on right now? >> well, the two most obvious are in health care. that'll be 20% of the economy. and technology. those two are very, very strong. on the othe
thanks very much, steve. please stick around. don't go anywhere. our next guest has exclusive hiring information and a survey that shows 58% of companies plan to hire next year, but 69% are waiting for issues to be resolved. >> gary, good to have you here. first, what do you think of today's jobs numbers? do you believe them? do they reflect what you're seeing? >> well, i've probably met with 100 ceos over the last month. it's more of the same. this is not a standing ovation for...
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here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor force. plug in the numbers. 7.8% unemployment rate gives us -- calculates from 12.1 million unemployed divided by the 155.1 million labor force. you can do that at home, if you like. and now here's what happened this month. okay? the number of unemployed dropped by nearly half a million. down by 456,000. the number of employed in this household survey up by 873,000. but wait, because the one thing we're watching here is the number of people who were employed but were part-time but they wanted full time work. we call it for economic reasons. up by 582,000. that's the third september
here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor...
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Oct 2, 2012
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today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program. is it your opinion, the opinion of the u.s., that the europeans are following through on their latest set of commitments when it comes to solving their financial crisis? >> well, you're right, they've made a series of very important commitments over the course of the summer and into the fall. they are much better prepared. they have a set of tools that can help governments like spain continue to access the markets at affordable rates while they continue making these very challenging reforms. we have seen a number of developments in spain in recent days. we have seen a budget come out that continues to
today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program....
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let's go to steve in wisconsin. steve? >> caller: hey, jim, boo-yah too you from kenosha, wisconsin. >> sweet! what's up? >> caller: hey, i'm interested in hospira, hospira, the generic -- >> we like hospira. >> buy, buy, buy! >> thinking about that kind of company. let's go to david in michigan. david? >> caller: hey, jim, i'm a big fan. how you doing? >> all right. how about you? >> caller: good, good. i was just curious where you see going from here. taking a big hit. >> i regard it as one of the worst investments i've ever made. i do prefer the gld if you want to own gold. i have to tell you i felt that the company on friday, i think they're a little aggressive, frankly. i think they're a little aggressive there are things that can go wrong. if gold really plummets, those gold miners will stop drilling. they will stop getting gold. and what will happen is the company's earning treatment will dry up. be careful. let's go to bo in kentucky. bo? >> caller: hey, jim, thanks for taking the call. love your show. computer sci
let's go to steve in wisconsin. steve? >> caller: hey, jim, boo-yah too you from kenosha, wisconsin. >> sweet! what's up? >> caller: hey, i'm interested in hospira, hospira, the generic -- >> we like hospira. >> buy, buy, buy! >> thinking about that kind of company. let's go to david in michigan. david? >> caller: hey, jim, i'm a big fan. how you doing? >> all right. how about you? >> caller: good, good. i was just curious where you see...
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sunday after the half marathon that we're doing with steve. >> fantastic. there you go. thank you very much. >> and rod the director. >> that's right. >> i'm slightly -- i'm a little gummed up in my ear. there we go. who is directing this is this over in south korea, the possibility of another rate cut next week is rising. here's more from seoul. hi rhie. >> hey, there, ross. september consumer price rose 2%, well below the target of 3%. so despite higher prices for oil and things like vegetables after the typhoon last month, inflation a not a major concern here. what is, though, are yesterday's september which poexport figure. exports fell for the third straight month. as of today we saw factory output levels softest since early 2009. all of this build as case for the bank of korea to cut rates by 25 basis points and they in fact said they will switch over priorities from price stability to encouraging growth. after such a clear signal here next week's balancing act shouldn't be too difficult for the policymakers here. back over to you. >> thanks for that. still to come
sunday after the half marathon that we're doing with steve. >> fantastic. there you go. thank you very much. >> and rod the director. >> that's right. >> i'm slightly -- i'm a little gummed up in my ear. there we go. who is directing this is this over in south korea, the possibility of another rate cut next week is rising. here's more from seoul. hi rhie. >> hey, there, ross. september consumer price rose 2%, well below the target of 3%. so despite higher prices...
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to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are right now. >> guys? >> let's say 8%. call it 8% the rate. to pete's point the market wants to continue to go higher. obviously it sold off a little bit in the looft few minutes. understood. i still adhere to my comments the market doesn't give me this the long sell the highs which do i believe we have to push towards 1500, 1525 in the s&p and names we've hammered home. home depot at 12 1/2 year high. there are secular stories that continue to work and i believe they will continue network. >> what are you doing with this? >> well, listen, you
to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are...
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one of the largest lenders on the hot seat. >>> and would steve jobs approve of the way ceo steve cook apologized for the so-called mapple gate? much more "squawk on the street." i'm bara ck o bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. when you take a closer look... ...at the
one of the largest lenders on the hot seat. >>> and would steve jobs approve of the way ceo steve cook apologized for the so-called mapple gate? much more "squawk on the street." i'm bara ck o bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers....
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. >> steve jobs introduced one grainy innovative product after another. consider 244 million iphones sold, 131 million desktops and laptop, 84 billion ipads, 350 million ipods. and while at apple, jobs had his hand in every part of every creation. >> steve jobs was not really an engineer, not really a programmer. he was very hands on from the design, the execution, the menus, the fonts, the colors. >> i didn't want to tell you i had steve martin on my ipod. >> jobs created a whole new way to appreciate music, using software he designed on devices he designed at a price he set. >> he wanted to sell songs, not albums. selling songs in many respects was -- >> jobs the inventor, the man who changed mobile communication, and digital entertainment, may just have been the greatest retailer of all time. >> apple stores are the single most profitable store on a square foot or cubic foot of any stores in the world. >> and while some question whether his legacy is enough to carry the brand, a year after his death, the stock price has nearly doubled. >> without that
. >> steve jobs introduced one grainy innovative product after another. consider 244 million iphones sold, 131 million desktops and laptop, 84 billion ipads, 350 million ipods. and while at apple, jobs had his hand in every part of every creation. >> steve jobs was not really an engineer, not really a programmer. he was very hands on from the design, the execution, the menus, the fonts, the colors. >> i didn't want to tell you i had steve martin on my ipod. >> jobs...
WHUT (Howard University Television)
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Oct 10, 2012
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let's talk to our correspondent in moscow, steve rosenberg. one of these women was freed. what the difference between the two cases? >> the new defense lawyer for her argued that some would say they took part -- that she had not taken part in the anti-putin prayer because she had been ejected from the cathedral beforehand, so she said her client was not guilty. it seems the appeals court listened to that and decided to commute to that to a suspended sentence. it decided to release her. but the prison terms in relation to the other two pussy riot activists remain and they will be sent to a prison colony. >> this protest that took place in the main cathedral in moscow, there had been some suggestion from the church that if the willing tobeen build repent, they would have had a less punitive sentence, but the women were uncompromising. >> all three remained speechless today, saying they would not resent. they did not see themselves guilty. the collective message they put out today was that there prayer had been a political action not motivated by religious hatred. therefore,
let's talk to our correspondent in moscow, steve rosenberg. one of these women was freed. what the difference between the two cases? >> the new defense lawyer for her argued that some would say they took part -- that she had not taken part in the anti-putin prayer because she had been ejected from the cathedral beforehand, so she said her client was not guilty. it seems the appeals court listened to that and decided to commute to that to a suspended sentence. it decided to release her....
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steve, how about some of the hits, runs, and errors from those feds minutes? it didn't move the markets to any great degree today. >> i think we knew where people stood. the voting members are more or less in favor of the policy that came out, which was the one, the open-ended quantitative easing. the non-voters, there are more objections there. that's where more of the hawks are in the current rotation of the fomc. i don't think we learned anything new about there being a bigger or wider split when it comes to the new policy out there. they do have work to do, guys. they're working on the calendar date guidance. they're working on a whole bunch of other stuff that's out there. for example, the fomc individual interest rate forecast, and i think the way maria led into this, that we need new information, that's absolutely true because we don't know what happens in january. it's unclear how to calibrate the incoming economic data with what the fed is going to do in january. >> yeah, so we still have a fair amount of uncertainties on the table. yet, a little more
steve, how about some of the hits, runs, and errors from those feds minutes? it didn't move the markets to any great degree today. >> i think we knew where people stood. the voting members are more or less in favor of the policy that came out, which was the one, the open-ended quantitative easing. the non-voters, there are more objections there. that's where more of the hawks are in the current rotation of the fomc. i don't think we learned anything new about there being a bigger or wider...
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that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be. john is in washington. good morning, john. >> good morning. i think his message will be one we've heard from the administration which is first of all they are delighted by the news. delighted the rate is under 8%. delighted the august numbers were revised upward. but also have a tempered tone and say we got a lot of work to do because we do as one economic analyst told my colleague at the "new york times" earlier today this economy seems to only have three gears, slow, or reverse. it's not a good economy for president obama to be running with but this is good news. it was good news for the country that just a f
that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be....
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dennis: y very much, steve weatherford. tracy: i am thinking about sending my son onto the field with bubble wrap. sandra smith is at the cme. sandra: gold falling today after hitting ten month highs in yesterday's trading session. silver is also lower. there is concerned in the marketplace about asian demand. there was very weak demand from the number one buyer of gold in the world and that is india. in the second quarter, their imports were down good that is terrifying. demand for gold is weak and the most severe it has been in years. gold prices up 11%. a lot of that is that faced. a lot of people are saying that that euphoria may come to an end and you may not get the hedge against inflation not much longer. $2113 an ounce. that is higher than where we are today, a lot of traders here are laughing saying, really? that is not much of a return. a lot of people thinking we may be getting a little top-heavy at these levels. tracy: thank you, sandra smith. i will be back next hour. we have a vegas hotel. dennis: melissa fran
dennis: y very much, steve weatherford. tracy: i am thinking about sending my son onto the field with bubble wrap. sandra smith is at the cme. sandra: gold falling today after hitting ten month highs in yesterday's trading session. silver is also lower. there is concerned in the marketplace about asian demand. there was very weak demand from the number one buyer of gold in the world and that is india. in the second quarter, their imports were down good that is terrifying. demand for gold is...
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remember, steve jobs came back from a vacation for the iphone 4 antenna gate issue. >> 4, right. >> the 4. they went through other issues that smartphones had, wasn't really a problem. some people had problems. it went away very quickly. this is the most valuable company on the face of the planet. there is a lot of media coverage around it, and there is a lot of good press that goes out there when things go negative or positive on apple. it is very bipolar. i notice when things go negative, then people start questioning and stock goes down and they question the fundamentals and the fundamentals here are very, very strong. things aren't perfect. supply chain is not perfect. the ipad had issues on the displays. they were quickly reconciled and they went on to be home runs. this will be no different. >> brian, thanks for checking in with us. >> thanks. >> brian white. coming up, the biggest calls on the street and machines gone wild, the mysterious algorithm accounting for 4% of trading activity last week alone. new details on this developing story, and netflix soaring over the past two we
remember, steve jobs came back from a vacation for the iphone 4 antenna gate issue. >> 4, right. >> the 4. they went through other issues that smartphones had, wasn't really a problem. some people had problems. it went away very quickly. this is the most valuable company on the face of the planet. there is a lot of media coverage around it, and there is a lot of good press that goes out there when things go negative or positive on apple. it is very bipolar. i notice when things go...
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today is the on one-year of steve jobs death. that is something people are talking about on wall street but over this past year apple has had an incredible stock run hitting new all-time highs up over 75% in those 52 weeks. 658.24 apple. a broader market check with the dow at levels we haven't seen since 2007. multi-year highs, the vix, the fear index to the downside, the banking index higher, drug index higher, retail index higher, transport and oil services higher. there are lots of sectors that that are doing quite well. dennis: thank you very much, nicole. cheryl: who else but ashley webster here with more details on what is going on across the pond. >> a look at the final numbers. just trying to make something out of this. three quarters of a percent. now, not only has a market benefited but look at the 10-year yield on the spanish bond also on the jobs report, guess what, the yield coming down another point to 3%. eu officially adding to what we have heard from spain, germany, they will not be asking for a ballot this weeke
today is the on one-year of steve jobs death. that is something people are talking about on wall street but over this past year apple has had an incredible stock run hitting new all-time highs up over 75% in those 52 weeks. 658.24 apple. a broader market check with the dow at levels we haven't seen since 2007. multi-year highs, the vix, the fear index to the downside, the banking index higher, drug index higher, retail index higher, transport and oil services higher. there are lots of sectors...
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. >>> one year ago today, steve jobs, the visionary cofounder of apple, died at the age of 56 after a long battle with pancreatic cancer. the company remains an industry powerhouse despite the loss of their leader. >>> now on to our top story tonight. good news on the jobs front. according to the household survey, 700, i'm sorry, 873,000 people found a job last night. last month. that brought the unemployment rate down to 7.8% for the first time in 3 1/2 years. the employers survey though reported a very different number, only 114,000 people found a job. that means, 759,000 people found a job but they aren't showing up on the payroll. how is that possible? with me to sort it all out, phil angelides, former california treasurer and campaign surrogate for president obama. thank you so much for coming on the show tonight. >> a pleasure. melissa: a lot of people have spent the day trying to reconcile these two numbers. of course these surveys are done very differently. the household people call people at home, say are you looking, are you working? employer survey they grow to the employer
. >>> one year ago today, steve jobs, the visionary cofounder of apple, died at the age of 56 after a long battle with pancreatic cancer. the company remains an industry powerhouse despite the loss of their leader. >>> now on to our top story tonight. good news on the jobs front. according to the household survey, 700, i'm sorry, 873,000 people found a job last night. last month. that brought the unemployment rate down to 7.8% for the first time in 3 1/2 years. the employers...
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when you think about apple post steve jobs and we saw what happened to apple post steve jobs in the '80s, can it keep up? >> absolutely. i think that he's put together a great team, leadership is very important within apple and steve took as much pride in leadership of apple as he did the product itself and he's crafted i think a great team to follow him. he can't be replaced. >> after he left in the '80s and you were there, apple faltered. it's easy to say. >> apple faltered because he had the wrong ceo and a guy who didn't understand the tech business but under current of apple when steve came back the reason they accelerated so successfully is in place was a great culture and great group of people who were still there. apple was in place, unfortunately they didn't have a right product division. >> do you have views on hewlett-packard? >> absolutely. greatest success of apple and part of my book is called the product vision. and hewlett-packard has totally lost its product vision. here they had the greatest printer in the world, they had the printer market, they don't do that anymor
when you think about apple post steve jobs and we saw what happened to apple post steve jobs in the '80s, can it keep up? >> absolutely. i think that he's put together a great team, leadership is very important within apple and steve took as much pride in leadership of apple as he did the product itself and he's crafted i think a great team to follow him. he can't be replaced. >> after he left in the '80s and you were there, apple faltered. it's easy to say. >> apple faltered...
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. >> steve, thanks for that. still to come, despite stellar growth, malaysia's leader says the country still hasn't fully tapped its own potential. exclusive interview with the prime minister coming up. >> we are trying to develop the support very strong domestic economy. and the engine will come from the domestic economy. that's why we've done everything possible to encourage it necessary tick i domestic investment. >> also results of the spanish bond auction. julia is in madrid. >> thanks, beccy. expect to go well despite relatively chunky 4 billion euros at the top end. we will bring you all the latest after the break. >>> waiting on spain. ecb expected to hold steady on rates when central bankers meet today. the country's president tells cnbc that europe's policymakers must remain focused. >> about if we get bogged down discussion of what was hent by the june agreements and waste time on this kind of discussion, then it's much less likely that a company here represent system will emerge. >> madrid continues t
. >> steve, thanks for that. still to come, despite stellar growth, malaysia's leader says the country still hasn't fully tapped its own potential. exclusive interview with the prime minister coming up. >> we are trying to develop the support very strong domestic economy. and the engine will come from the domestic economy. that's why we've done everything possible to encourage it necessary tick i domestic investment. >> also results of the spanish bond auction. julia is in...
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was steve jobs right when he said a tablet that size would be too small? >> the editor in chief of mashable. we've got a debate mehere, guys. rocco, it sounds like you think although it would be following amazon, it would be easy for apple to come in with a superior product, is that where you're coming from? >> definitely. i think apple is the kind of company that they can come in and kill a category. and i think that's what they want to do here. and i'm happy to see them doing it with what is rumored to be a $350 tablet and not a $199, you know, let's try to undercut amazon or google products. so if they come in with something premium that keeps that apple brand and the status of that apple brand, at that price point, i think they'll blow the category out. and i don't think it would be something that would hurt the image or hurt the brand too much. it's not a cheap knockoff. it's going to be something of apple quality. and -- >> with that in mind, if that's what they're doing, i'm onboard. >> something that elevates the category, lance, why do you disagre
was steve jobs right when he said a tablet that size would be too small? >> the editor in chief of mashable. we've got a debate mehere, guys. rocco, it sounds like you think although it would be following amazon, it would be easy for apple to come in with a superior product, is that where you're coming from? >> definitely. i think apple is the kind of company that they can come in and kill a category. and i think that's what they want to do here. and i'm happy to see them doing it...
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steve had the right answer. he was averaging on ten months and now it was his forecast that was easy. >> and to be honest with you, if i was going to manipulate them
steve had the right answer. he was averaging on ten months and now it was his forecast that was easy. >> and to be honest with you, if i was going to manipulate them
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steve jobs would fire tim cook. he would fire everyone involved in maps and he would berate them in front of everyone. he was not a nice man and yet everyone loved him anyway. >> lifelock posted a little below the range. maybe a little disappointment there. i might be able to see that. certainly one that we're going to watch, a big week for ipos, of course, one of the busiest. berry plastics tomorrow and pretty sizeable deals. >> and one of the things that we need to see is some pulse down here. there was a lot of social media, people got gaffed. any time you see new companies, you think, maybe i should stop shorting goldman sachs and maybe there is a sign of capital formation. p excellent show stopper yesterday. and mark cuban was so great and the destruction of the capital markets. cuban, cooperman, these guys are not idle thinkers. they are the best we have. and high frequency trading has destroyed a lot. >> and suggesting you tax intraday trades 50%, trades less than a minute, 100%, that would cut down on it in
steve jobs would fire tim cook. he would fire everyone involved in maps and he would berate them in front of everyone. he was not a nice man and yet everyone loved him anyway. >> lifelock posted a little below the range. maybe a little disappointment there. i might be able to see that. certainly one that we're going to watch, a big week for ipos, of course, one of the busiest. berry plastics tomorrow and pretty sizeable deals. >> and one of the things that we need to see is some...
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zells said is similar to what steve jobs said before passing away. this is a country where it is just too hard to do business in. >> yeah. i was going to say, you're not much of a golfer guy but a tennis guy, right? >> ryder was just a collapse. >> yeah. we let pollster on -- for me it was going to a shrink or something. it was come peopling but my heart was racing, i had butterflies in my stomach and didn't think it could happen. when it did, i felt hollow after it. >> i had a bunch of guys going to the eagles/giants game. you would have thought either of the games would have been talked about. the ryder cup is all i heard about. people felt bad for america. it was a patriotic thing. >> for one eagle moment, i just thought, i don't know, ma lays, i thought, we can't do this right. >> if they come in with cardigan sweaters the next time we see the golfers with the cardigan and have to start talking about turning down the thermostat, it is pool game over. >> all right. jim, thank you. we'll see you in a few minutes. >>> all right. we'll see jim in a f
zells said is similar to what steve jobs said before passing away. this is a country where it is just too hard to do business in. >> yeah. i was going to say, you're not much of a golfer guy but a tennis guy, right? >> ryder was just a collapse. >> yeah. we let pollster on -- for me it was going to a shrink or something. it was come peopling but my heart was racing, i had butterflies in my stomach and didn't think it could happen. when it did, i felt hollow after it. >>...
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>> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to connect the rest of the world." this is a major milestone for the company. facebook hit 500 million active users, doubling its size in two years. mark zuckerberg taped an interview with matt lauer airing exclusively on the "today" show shortly, that sitdown his first since the ipo coming up later this afternoon. >> yesterday afternoon i saw a headline, facebook is going to charge you $7 if you want to send posts, headlines to your friends. sounded crazy. >> facebook is testing all sorts of different ad models and facebook gives you the option of paying to promote your post to yo
>> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to...
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. >> steve liesman is here. we were going to talk about the markets and we have rick santelli in chicago, both of them as well but steve, since you were talking during the break with ken langone. >> let steve talk to rick. >> hey, rick, how are you? >> good morning. >> so we talked. is that good? >> no. >> no, i just want to say, ken, if i look, guys could you put up the chart of the payrolls? if i look at the payroll chart and i talk about what i think is the number you guys actually believe, which is the 114,000. look at what happened, we've revised up the past couple months, we had that swoon in march, april, may and june, okay, the unemployment rate stayed about the same. look to the left, we had a couple months above 200,000. let's focus on the number you believe. and let's talk about what jack welch said. when i looked at what he said there was one number i think jack had wrong. jack was saying we need 150,000 to 200,000 jobs to lower the unemployment rate. that is, was old thinking. we've changed that num
. >> steve liesman is here. we were going to talk about the markets and we have rick santelli in chicago, both of them as well but steve, since you were talking during the break with ken langone. >> let steve talk to rick. >> hey, rick, how are you? >> good morning. >> so we talked. is that good? >> no. >> no, i just want to say, ken, if i look, guys could you put up the chart of the payrolls? if i look at the payroll chart and i talk about what i think...
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steve is like in miami with this story. steve, is this really a legitimate election? >>reporter: it is very tough to tell based on polls inside venezuela. they do have a sophisticated voting system and the number of outside analysts say it will be a fair election. the question is, if one person does hold all the power as chavez does, he controls the media and the courts, he controls billions in oil money, can they have a fair democratic election? it is clear this will be a test for chavez, perhaps the first different in his 14 years of rule inside venezuela. he has had a number of things that have brought him down in the polls: high inflation, the highest murder rates, electric power outages. he is still enjoying strong support from the poor and he subsidizes housings and that gives him support. he has battled cancer the past year, but now he says he is cancer free. this time around he has a young, energetic opponent and he is 40 years old, a firm governor who has crisscrossed the country giving chavez the first fight in 14 years. in southern florida we have seen thou
steve is like in miami with this story. steve, is this really a legitimate election? >>reporter: it is very tough to tell based on polls inside venezuela. they do have a sophisticated voting system and the number of outside analysts say it will be a fair election. the question is, if one person does hold all the power as chavez does, he controls the media and the courts, he controls billions in oil money, can they have a fair democratic election? it is clear this will be a test for...
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hearing about this mini biped coming out t tim hook hook at tt steve jobs. >> we just started this launch. number two, the ipad mini opens a new category of tablet. it will be ultimately bigger than the ipad. when we look at apple tv, that is something over the next year, and they still don't even work with the biggest carrier in the world, china mobile. there is so much to look forward to. only 6%, pc marketshare only five. melissa: thanks, compelling argument, we will have to watch. melissa: hackers claiming to have ties to terror groups threatening to attack the website for some of our largest financial companies. adam shapiro joins us with the very latest, where are we? >> now according to a posting on a site where hackers actually say i'm about our whereabouts to do something ha is a posting frm this group identifying itself as a cyber fighters, they're the group taking credit for last month's attacks will target capital one financial, delay of service request, they flooded the websites in institutions with e-mails so you cannot get in. right now there does not seem to be any problem
hearing about this mini biped coming out t tim hook hook at tt steve jobs. >> we just started this launch. number two, the ipad mini opens a new category of tablet. it will be ultimately bigger than the ipad. when we look at apple tv, that is something over the next year, and they still don't even work with the biggest carrier in the world, china mobile. there is so much to look forward to. only 6%, pc marketshare only five. melissa: thanks, compelling argument, we will have to watch....
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. >>> meanwhile, microsoft's board is cutting steve ballmer's annual salary. microsoft stock -- there we go. apologies about that. meanwhile, walmart is holding its annual analyst meeting today near its headquarters. the retailer is expected to brief them on numerous topics, including expansion of its smaller store format and providing profits overseas. investors will also be listening for comments on the bribery allegations at its walmart to mexico unit. the company has also been confronting walkouts in eight cities but the numbers have been relatively small. kelly. >> thanks for that, ross. apple has a pretty loyal customer base, perhaps none stronger than in teenagers. 40% of teens own and iphone. 44% own a tablet with the ipad make up three quarters of those devices. kids who plan to buy a new tablet, 43% say they'd be more likely to go with apple if it starts selling a smaller ipad and it's expected to do so sometime this fall. tell us what you think about the loyalty to apple. is it a sign perhaps of saturation? what's it mean for competitors? you can e-
. >>> meanwhile, microsoft's board is cutting steve ballmer's annual salary. microsoft stock -- there we go. apologies about that. meanwhile, walmart is holding its annual analyst meeting today near its headquarters. the retailer is expected to brief them on numerous topics, including expansion of its smaller store format and providing profits overseas. investors will also be listening for comments on the bribery allegations at its walmart to mexico unit. the company has also been...
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steve jobs, he's gone, it doesn't matter, stick with hewlett! >> listen, we ship two pcs every second. this is an enormous business. we're seeing growth in a lot of areas. we have an entirely new design lineup. we have put real emphasis on design. and this is something hp does quite well. we have terrific product engineering. now married with a design organization. i think we've got a really good shot here, and we've gotten great response to these devices. you know, listen. we are one competitive company. we now have a sharp competitive focus. we know what we have to do to compete. and we're going to do it. i wouldn't bet against us. i wouldn't bet against the technology that this company has in the pipeline and our commitment to delivering great products and to meeting customer needs. one thing i'll tell you about hp. through all the change at the top, through all the craziness, our people have delivered for customers. we will do anything for customers. and i think that's a great strength of the company that we're going to build on. >> meg, you
steve jobs, he's gone, it doesn't matter, stick with hewlett! >> listen, we ship two pcs every second. this is an enormous business. we're seeing growth in a lot of areas. we have an entirely new design lineup. we have put real emphasis on design. and this is something hp does quite well. we have terrific product engineering. now married with a design organization. i think we've got a really good shot here, and we've gotten great response to these devices. you know, listen. we are one...
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i look forward to hearing from steve. as we heard from jane wells california drivers are fuming after a spike in gas prices last week sent prices up past $5 a gallon. the governor now has called for the immediate release of a cheaper but less environmental friendly blend of gas to help bring prices down. david hackett is an energy consultant in irvine, california. he joins us from there. good to see you, david. good morning. is this the solution? >> this is a great step. going to the winter blend will allow the refiners reduce 10% of gasoline. that's like adding another refinery to the market. >> how much is this the structure of refining in that state. why is this happening? >> well, the evidence points towards refining problems. a fire at the chevron richmond refinery in august. power bumped knocked exxonmobil off line last monday. two of the big reasons. and then, of course, this is a difficult market to resupply from long distance. we're sort of an island. when there's a sudden supply short fall it's tough to get addi
i look forward to hearing from steve. as we heard from jane wells california drivers are fuming after a spike in gas prices last week sent prices up past $5 a gallon. the governor now has called for the immediate release of a cheaper but less environmental friendly blend of gas to help bring prices down. david hackett is an energy consultant in irvine, california. he joins us from there. good to see you, david. good morning. is this the solution? >> this is a great step. going to the...
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he is a buy has been on steve cohen's tail at sac capital. this guy is serious and going after geithner right now essentially demanding what he knew back in 2007 and 2008 when geithner was new york fed chairman and clearly was briefed and did an investigation on alleged manipulation of bib lore. that is what he is doing. demanding geithner come clean, tell us exactly what you knew. tell us about, did you even think of the consequences of manipulating libor? for example, cities and states, higher borrowing costs because cities and states are involved in complex arrangements if you manipulate the rate down it still hurts them. did he ever think about that? did he think about the consequences? that is all mapped out in the letter. this letter is appearing on fox business network.com we should point out one of the fascinating things in this letter he is essentially calling for tim geithner, treasury secretary, only has a few months, says he will leave in president obama wins again, calling for him to create a new interest rate, an american-based
he is a buy has been on steve cohen's tail at sac capital. this guy is serious and going after geithner right now essentially demanding what he knew back in 2007 and 2008 when geithner was new york fed chairman and clearly was briefed and did an investigation on alleged manipulation of bib lore. that is what he is doing. demanding geithner come clean, tell us exactly what you knew. tell us about, did you even think of the consequences of manipulating libor? for example, cities and states,...
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steve jobs, you name it. we invest more in capital equipment. we have good rule of law. the protestant work ethic is still there. it will be here. so we have to get beyond that. the divine right to success. immigration, fiscal policy. otherwise another gift. and me, my god. looked down and said, i know all that. one more shot. so we have a problem. we should diagnose the problem. if you look at america today, corporations are ingratiate. why are we going to 2%? in this one i can't prove. this city is okay. there is a huge wet blanket out here. and to me the uncertainty, real certainty around taxes, policies, fiscal cliff. the debt ceiling fiasco. this constant anti business not just sentiments, but regulatory ag's. wherever i go i have business people. the regulatory environment. they all say it's terrible. it's not just banks. we have done it to ourselves. shoot ourselves in the foot. get rid of that white blanket. and they're is a great -- printed in the wall street journal. kate president-elect ronald reagan some advice. consistent taxes, regulatory. the same positive
steve jobs, you name it. we invest more in capital equipment. we have good rule of law. the protestant work ethic is still there. it will be here. so we have to get beyond that. the divine right to success. immigration, fiscal policy. otherwise another gift. and me, my god. looked down and said, i know all that. one more shot. so we have a problem. we should diagnose the problem. if you look at america today, corporations are ingratiate. why are we going to 2%? in this one i can't prove. this...
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[cheers and applause] no matter how much donald trump and steve went complain about it, it is good for the american people. [cheers and applause] no longer can insurance companies cancel you for no reason. no longer can you have lifetime caps. you get sick, doesn't work anymore. that's gone. preexisting disabilities no longer. what this legislation does, he says by the year 2014. that's not very far from now, states all over america and emphatic of credit to the governor for that, are setting up these exchanges. we are going to have the ability of people in america, people in nevada today to have the same kind of insurance that i as a federal employee has. [cheers and applause] that is what the legislation is all about. in the same legislation, we extended the lifetime of medicare for almost 10 years. we took $800 billion away from the providers, insurance companies and give it to people who need medicare, senior citizens. now the doughnut hole is almost filled. we now have on this check it her free for senior citizens. this is all part of the health care bill. [cheers and applause] th
[cheers and applause] no matter how much donald trump and steve went complain about it, it is good for the american people. [cheers and applause] no longer can insurance companies cancel you for no reason. no longer can you have lifetime caps. you get sick, doesn't work anymore. that's gone. preexisting disabilities no longer. what this legislation does, he says by the year 2014. that's not very far from now, states all over america and emphatic of credit to the governor for that, are setting...
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now it is from netflix a steve miller market. some people call me maurice, but this downgrade by bank of america -- >> i was doing the sound effects for maurice. >> i like that curious chainsaw you were doing. >> whatever i can do here. >> my wingman. >> your solid gold dancer. let's move on here to talk europe. german chancellor angela merkle visiting greece today for the first time since the european crisis began. she's meeting with greek prime minister this morning as protesters blame merkle for forcing painful cuts on greece in exchange for bailouts. meantime the imf is cutting the global forecast to 3.3% down from 3.5% and urging u.s. and european policymakers to deal with their fiscal issues or face a prolonged downturn. the imf is forecasting a contraction that underscores what we do already know and should be expecting out of the region. >> we are taking back one of the two rate hikes they had. there's not a single policy going on here. look what ireland was doing cramming down their banks. but if you can see, david, is t
now it is from netflix a steve miller market. some people call me maurice, but this downgrade by bank of america -- >> i was doing the sound effects for maurice. >> i like that curious chainsaw you were doing. >> whatever i can do here. >> my wingman. >> your solid gold dancer. let's move on here to talk europe. german chancellor angela merkle visiting greece today for the first time since the european crisis began. she's meeting with greek prime minister this...